Just as global energy supplies were beginning to stabilise after nearly four months of disruption, Iran has issued a fresh warning over the Strait of Hormuz. This time, however, the threat could extend far beyond the waterway.

India's gas and crude supplies face disruption due to the Strait of Hormuz closure, raising energy costs for exporters.

Iran's Revolutionary Guard warned that continued U.S. military activity in the Strait of Hormuz could trigger broader disruptions to global oil and gas markets as renewed fighting…

Iran's ability to hold the world economy hostage through blockading the Strait of Hormuz is running out of time.